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Dec 26, 2012
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our taxes. i am a republican and a bit less than $15,000 a year. i will pick up a beer can or a beer bottle when i am going down the street. most definitely. i have to collect them some days just to get by. as far as kicking the can of the road, i believe -- i do not believe in that. i think republicans have to face the fact that the conservatives always believe in a balanced budget. they always do. they have to scale down the monstrosity of a government they have. host: a reminder to all of our callers, please keep the sound of doubt on your tv set at home. -- keep the sound down on your tv set at home. here is a short piece from the interview on why the senator is leaving office. [video clip] >> many reasons. i have served here 20 years. less than 5 percent have serve that long. some of it is i am tired of living out of a suitcase. i miss 80% of my wife's birthdays and anniversaries. and i thought, it is time for somebody else to take this on. sometimes change is a good thing. after 26 years,
our taxes. i am a republican and a bit less than $15,000 a year. i will pick up a beer can or a beer bottle when i am going down the street. most definitely. i have to collect them some days just to get by. as far as kicking the can of the road, i believe -- i do not believe in that. i think republicans have to face the fact that the conservatives always believe in a balanced budget. they always do. they have to scale down the monstrosity of a government they have. host: a reminder to all of...
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Dec 26, 2012
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they are all aimed at one thing -- to create a economy in which we have a vital middle-class and our tax policy reflects that as well. opportunity is broadly available. i think that is solidly in the mainstream of the democratic party. we can have a debate about means of achieving that, and i think we have to do some soul- searching about how in the 21st century we achieve those goals, and whether all the avenues and pathways that made sense 50 and 60 and 70 years ago are still valid today. many of them may be -- some may not. on the fundamental goals, he is solidly in the position of the democratic party, solidly progressive. i think that is a lot of what the election was about. >> in this election it has been observed that much of the advertising was predominantly negative. i would like to ask -- i know in this. including an obama at that scene to insinuate that a woman -- bain as responsible for a woman losing her insurance and somehow causing her death. ads like that seem to degrade the whole political process. i wanted your comments on negative advertising. >> i agree that there are
they are all aimed at one thing -- to create a economy in which we have a vital middle-class and our tax policy reflects that as well. opportunity is broadly available. i think that is solidly in the mainstream of the democratic party. we can have a debate about means of achieving that, and i think we have to do some soul- searching about how in the 21st century we achieve those goals, and whether all the avenues and pathways that made sense 50 and 60 and 70 years ago are still valid today....
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Dec 26, 2012
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it was about tax cuts at the top were more valuable to growing the kind of country we need, the kind of economy that we need, investing in things like education and research and development, investing in clean energy and technology, investing in infrastructure and dealing with the deficits were more -- in a more balanced way. it was about what our obligations are to each other. it was about big things. those are very, very big things. i will say that, for all of the critique about whether our campaign was about big things or not, the preoccupations of people who write about that -- and i used to do that for a living -- i don't try to separate myself -- many of them are my best friends -- there is an awful lot of horse race coverage of this presidential race. there is such a preoccupation with who will win and who will lose and so little real interest in what the implications are. >> we were talking about pulling. >> public polling is so voluminous now. any to kids with an abacus can do a poll of the corner grocery store and some national news are in position will cover it as if it is
it was about tax cuts at the top were more valuable to growing the kind of country we need, the kind of economy that we need, investing in things like education and research and development, investing in clean energy and technology, investing in infrastructure and dealing with the deficits were more -- in a more balanced way. it was about what our obligations are to each other. it was about big things. those are very, very big things. i will say that, for all of the critique about whether our...
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Dec 26, 2012
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there are income tax rates currently at 35% tax rate. what about people who are paying a rate of 15%? -- how about the unearned where people are paying a rate of 15%? there was a wealthy person who told me several weeks ago, people in my category are not worried about the earned income tax rate. most of our income is not earned. yeah, exactly right. that is why we should not lose focus of the unearned income tax rate. there is a differential between -- there is a 20% differential between unearned and earned income. why are we penalizing work? a person who works for the money pays a higher effective rate than somebody who doesn't. i know paris hilton is adding a lot to our society. i'm sure she is. but somebody who is just living off an inheritance, they are paying a rate of 15% and somebody that is paying a rate of 15% and works hard and is productive is paying a rate of 35%, honestly, i do not see any justification for that. >> sir? mic. >> i wanted to ask you if there is some negative effect from these policies. what would you think ab
there are income tax rates currently at 35% tax rate. what about people who are paying a rate of 15%? -- how about the unearned where people are paying a rate of 15%? there was a wealthy person who told me several weeks ago, people in my category are not worried about the earned income tax rate. most of our income is not earned. yeah, exactly right. that is why we should not lose focus of the unearned income tax rate. there is a differential between -- there is a 20% differential between...
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Dec 26, 2012
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system -- a saner tax system. we can follow a framework as recommended by the simpson- bowles commission that will allow us to protect benits but will also make some of the tough choices that kelly was talking about. i think we have to put everything on the table for that kind of a deal. we have to look at revenues. we have to look of the domestic side of the budget. we of the look of the defense side. and we have to look at the mandatory program. i think we do have to make some tough choices. bui also believe that getting that done will provide tremendous certainty for businesses in this country, for families so they know what we are expecting. and that that will really give our economy a shot in the arm, and get money off the sidelines and allow business to invest in with that creates jobs. that is what we need to do for the future. the other party that i have been working on and that we have made so progress but we will continue is the country's energy policy. my foc has been on energy efficiency. energy is the
system -- a saner tax system. we can follow a framework as recommended by the simpson- bowles commission that will allow us to protect benits but will also make some of the tough choices that kelly was talking about. i think we have to put everything on the table for that kind of a deal. we have to look at revenues. we have to look of the domestic side of the budget. we of the look of the defense side. and we have to look at the mandatory program. i think we do have to make some tough choices....